LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 21, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB504 by Davis (Relating to discounted utility rates for school districts.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend existing law by adding school districts and open-enrollment charter schools to the list of educational entities eligible for discounted utility rates from municipal and electric utilities. Based on the analysis of the Public Utility Commission it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact The bill would require electric utilities, including municipally owned utilities, to offer a 20 percent reduction in electricity rates for school districts and open-enrollment charter schools, exempting utilities for which the 20 percent reduction would equal or exceed one percent of annual revenues. This provision would provide for a decrease in revenues to municipally owned utilities; however, fiscal impact is not anticipated to be significant. Source Agencies:473 Public Utility Commission of Texas, 701 Central Education Agency LBB Staff: JOB, AG, MW, RAN, KKR
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 21, 2011
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB504 by Davis (Relating to discounted utility rates for school districts.), As Introduced
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: SB504 by Davis (Relating to discounted utility rates for school districts.), As Introduced
Honorable John Carona, Chair, Senate Committee on Business & Commerce
Honorable John Carona, Chair, Senate Committee on Business & Commerce
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
SB504 by Davis (Relating to discounted utility rates for school districts.), As Introduced
SB504 by Davis (Relating to discounted utility rates for school districts.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend existing law by adding school districts and open-enrollment charter schools to the list of educational entities eligible for discounted utility rates from municipal and electric utilities. Based on the analysis of the Public Utility Commission it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
The bill would require electric utilities, including municipally owned utilities, to offer a 20 percent reduction in electricity rates for school districts and open-enrollment charter schools, exempting utilities for which the 20 percent reduction would equal or exceed one percent of annual revenues. This provision would provide for a decrease in revenues to municipally owned utilities; however, fiscal impact is not anticipated to be significant.
The bill would require electric utilities, including municipally owned utilities, to offer a 20 percent reduction in electricity rates for school districts and open-enrollment charter schools, exempting utilities for which the 20 percent reduction would equal or exceed one percent of annual revenues. This provision would provide for a decrease in revenues to municipally owned utilities; however, fiscal impact is not anticipated to be significant.
Source Agencies: 473 Public Utility Commission of Texas, 701 Central Education Agency
473 Public Utility Commission of Texas, 701 Central Education Agency
LBB Staff: JOB, AG, MW, RAN, KKR
JOB, AG, MW, RAN, KKR